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‘Jobs-friendly’ bills signed by Bryant

By: Magnolia Tribune - May 16, 2012

‘Jobs-friendly’ bills signed by Bryant

Four bills that became law Monday, products of what Gov. Phil Bryant called “the most jobs-friendly legislative session in modern Mississippi history,” affect businesses, workers, students and the growth of the health care industry.

Taking effect July 1 are laws that will boost the tax credit businesses can claim on inventory taxes, the creation of “health care industry zones” where medical businesses can cluster, dual-enrollment programs for high-school dropouts or those pondering leaving school and changes to the state’s worker compensation laws.

The inventory-tax bill increases the amount businesses can claim in tax credits to offset the cost of inventory like commodities, products, goods and, for the first time, raw materials and works-in-process.

Clarion Ledger
5/14/12

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.